Dependence on suppliers: Hyundai plans to develop its own semiconductors

In the future, Hyundai wants to develop its own semiconductors in order to become less dependent on suppliers in this increasingly important area. Hyundai’s global chief operating officer Jos Muoz told journalists, “It takes a lot of investment and time, but it’s something we’re working on,” according to a report by Reuters news agency.

Like other automakers, Hyundai recently had to cut back car production due to a lack of semiconductors. However, Muoz is of the opinion that the worst is over, partly because chip manufacturers like Intel are investing heavily in expanding their capacities. The “most difficult months” for Hyundai were August and September.

Development probably at Hyundai Mobis

Hyundai Mobis, a supplier belonging to the Hyundai Motor Group, will play a key role in the Group’s internal semiconductor plan. Hyundai Mobis is also building two new ones Works for hydrogen fuel cell systems in South Korea, which should start production in the second half of 2023. According to its own information, Hyundai Mobis is the seventh largest automotive supplier in the world with annual sales of almost 30 billion US dollars and more than 30,000 employees. (mer)

Also read:

World’s largest chip manufacturer: TSMC also expects bottlenecks in 2022

Because of a lack of chips: At Audi, the tapes stand still

Missing semiconductors cause new registrations to collapse

Shortage of chips: Mercedes-Benz temporarily stores Sprinter at trade fair

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Survey on the consequences of the chip crisis

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Lenny Li

I started to play with tech since middle school. Smart phones, laptops and gadgets are all about my life. Besides, I am also a big fan of Star War. May the force be with you!

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